Japan's Toray Industries has announced that it has decided to start an automobile airbag nylon fibre and fabric business at its Mexican subsidiary, Toray Advanced Textile Mexico, S.A.de C.V. (TAMX).
TAMX will introduce production facilities with annual production capacity of about 10,000 tons of nylon fibres for airbags and airbag materials by investing approximately 10 billion yen within the Mexican plant premise of Zoltek Companies, Inc., a large tow carbon fibre production subsidiary of Toray. TAMX's production facilities are expected to start operations in March 2018.Japan's Toray Industries has announced that it has decided to start an automobile airbag nylon fibre and fabric business at its Mexican subsidiary, Toray Advanced Textile Mexico, S.A.de C.V. (TAMX). TAMX will introduce production facilities with annual production capacity of about 10,000 tons of nylon fibres for airbags and airbag materials by investing...#
Recently, a number of airbag manufacturers launched their businesses in Mexico, and the demand for airbag fabrics in the Americas is expected to continue to grow significantly. The establishment of the new production base in Mexico is in response to such growing demand and to strengthen Toray's local supply capability by building an integrated production system from yarn to fabric in US.
Toray has been continuously working on the expansion of its production and sales structure, such as the launch of airbag fabric production in India in October 2016. Adding Mexico to this structure will further reinforce the global production structure, enabling Toray to supply airbag fabric of the same quality from all production sites in a timely manner. It will also accelerate Toray's business expansion by utilising its development capability with the integrated production covering from yarns to fabric. Toray positions the automobile airbag business as one of these priority businesses and aims to further expand it globally. (GK)
Fibre2fashion News Desk - India
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